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Strategies & Market Trends : Technical Analysis - Beginners

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To: SpongeBrain who wrote (9074)1/6/1999 10:02:00 PM
From: jttmab  Read Replies (1) of 12039
 
Another question on volume for anyone kind enough to offer an opinion. I've been following IIN for awhile, otherwise a boring stock but tends to perform with the S&P.

Recently hit a new high and retraced slightly and the past week has been increasing substantially in volume (318%) with little change in share price. Stochastics seem to be on the virge of turning up. I'm thinking about a potential breakout, but it doesn't seem clear. Any opinions are welcomed.

clearstation.com

Best Regards,
Jim
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